Podcast
Questions and Answers
Which company dominated the computer industry in its early years?
Which company dominated the computer industry in its early years?
- IBM (correct)
- Microsoft
- Apple
What was the focus of IBM's business strategy?
What was the focus of IBM's business strategy?
- Internet services
- Software development
- Data analysis
- Hardware manufacturing (correct)
In what decade did corporate giving increase significantly?
In what decade did corporate giving increase significantly?
- 1940s
- 1950s (correct)
- 1930s
- 1920s
Which company was criticized for trading individuality for job security?
Which company was criticized for trading individuality for job security?
Which company was founded by Mary Kay Ash in 1963?
Which company was founded by Mary Kay Ash in 1963?
Which company has been heavily criticized for their use of sweatshops?
Which company has been heavily criticized for their use of sweatshops?
Which company falsely embodied the identity of a 'man who achieved massive wealth despite humble origins'?
Which company falsely embodied the identity of a 'man who achieved massive wealth despite humble origins'?
Which two major products were included in the merger that formed PepsiCo?
Which two major products were included in the merger that formed PepsiCo?
Which health organization did PepsiCo spend the same amount on lobbying against reducing soda consumption?
Which health organization did PepsiCo spend the same amount on lobbying against reducing soda consumption?
Which two employee benefits are provided by the NFL?
Which two employee benefits are provided by the NFL?
What did the NFL try to cover up regarding player health?
What did the NFL try to cover up regarding player health?
During the New Deal, the government developed standards in collaboration with industry and labor. Which of the following was NOT a part of these standards?
During the New Deal, the government developed standards in collaboration with industry and labor. Which of the following was NOT a part of these standards?
Which act, created as part of the New Deal, established a minimum wage and maximum work week?
Which act, created as part of the New Deal, established a minimum wage and maximum work week?
What was the main purpose of the Securities Act of 1933?
What was the main purpose of the Securities Act of 1933?
What was the outcome of the Agricultural Adjustment Act (AAA)?
What was the outcome of the Agricultural Adjustment Act (AAA)?
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Study Notes
Computer Industry
- IBM dominated the computer industry in its early years.
- IBM's business strategy focused on providing solutions and services.
Corporate Giving
- Corporate giving increased significantly in the 1960s.
Criticized Companies
- A company, not specified, was criticized for trading individuality for job security.
- Nike has been heavily criticized for their use of sweatshops.
- A company, not specified, falsely embodied the identity of a 'man who achieved massive wealth despite humble origins'.
Mary Kay Ash and PepsiCo
- Mary Kay Ash founded Mary Kay Cosmetics in 1963.
- PepsiCo was formed through a merger that included Pepsi and Frito-Lay.
Lobbying and Health
- PepsiCo spent the same amount on lobbying against reducing soda consumption as the American Heart Association.
- The NFL provides two employee benefits: salary and health insurance.
NFL Controversy
- The NFL tried to cover up the risks of concussions and their impact on player health.
New Deal and Labor Standards
- During the New Deal, the government developed standards in collaboration with industry and labor, but did not include worker's right to strike.
- The Fair Labor Standards Act (FLSA) established a minimum wage and maximum work week.
Securities Act
- The Securities Act of 1933 was created to require companies to provide thorough information about the stocks and bonds they issue.
Agricultural Adjustment Act
- The outcome of the Agricultural Adjustment Act (AAA) was to reduce agricultural production and increase farmer's income.
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